Future Growth of Global Power Generation Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Asia Pacific was the largest region in the global power generation market, accounting for 42% of the market in 2019. Western Europe was the second largest region accounting for 23% of the Global Power Generation Market. Africa was the smallest region in the global power generation market. Digital technologies are increasingly making their way into the power generation industry. Digital technologies such as smart grids, sensors and smart meters provide companies and customers with an accurate and real-time account of power usage. These technologies help improve productivity, efficiency, safety, compliance and reliability in power generation, which results in improved asset management, planning, execution, and an improved level of service with high customer satisfaction. Companies in the power generation industry that have adopted digital technologies include Duke Energy, Engie, National Grid and NextEra. The power generation market consists of sales of electric power by entities (organizations, sole traders and partnerships) that operate electric power generation facilities. These facilities generate electric power using various forms of energy, such as fossil fuels, nuclear, solar, wind and water. The establishments in this industry produce electrical energy and provide electricity to electric power transmission and distribution systems. The global power generation market is expected to decline from USD 1166.9 billion in 2019 to USD 1147.9 billion in 2020 at a compound annual growth rate (CAGR) of -1.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach USD 1332.3 billion in 2023. For More Information, Click on the Link Below:- Global Power Generation Market Related Reports:- Global Power Generation Equipment Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 Power Generation Global Market Opportunities and Strategies To 2022 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia-Pacific Power Generation Market, Australia Power Generation Market, Biomass Electric Power Generation Market, China Power Generation Market, Covid-19 Impact Global Power Generation Industry, Covid-19 Impact Global Power Generation Market, EDF Group Power Generation Market Share, Enel Spa Power Generation Market Share, Europe Power Generation Market, Fossil Fuel Electric Power Generation Market, Geothermal Electric Power Generation Market, Germany Power Generation Market, Global Power Generation Industry, Global Power Generation Industry Research Report, Global Power Generation Market, Global Power Generation Market Analysis, Global Power Generation Market Forecast, Global Power Generation Market Future Outlook, Global Power Generation Market Growth, Global Power Generation Market Major Players, Global Power Generation Market Overview, Global Power Generation Market Research Report, Global Power Generation Market Revenue, Global Power Generation Market Share, Global Power Generation Market Trends, Hydroelectric Power Generation Market, India Power Generation Market, Japan Power Generation Market, North America Power Generation Market, Nuclear Electric Power Generation Market, Power Generation Market, Power Generation Market Competitive Landscape, Power Generation Market Regional Analysis, Power Generation Market Segmentation, Power Generation Market Supply Chain, Solar Electric Power Generation Market, Uniper SE Power Generation Market Share, Wind Electric Power Generation Market